NEW DELHI: More than a quarter of India’s micro, small and medium enterprises (MSMEs) have lost more than 3% market share due to the covid pandemic, while half of them have seen their profits before interest, taxes, depreciation and amortization (EBITDA) to contract due to a sharp rise in commodity prices in the last fiscal year compared to pre-pandemic levels (fiscal year 2020), according to a report on SMEs 2022 from CRISIL Research.
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